Axion sales up over prior-year quarter

Axion Power, a developer of PBC batteries and energy-storage systems, has announced that sales for the second quarter of 2010 were $0.5m (£0.3m) with a net loss of $1.9m, or $0.02 loss per share, compared with the previous year’s second-quarter sales of $0.3m with a net loss of $5.2m, or $0.20 loss per share.